|
Previous Issues:
|
|
|
|
|
|

Abundant Outdoor Recreation,
from SCUBA Diving and Trout Fishing to Hiking and Birding, Brings Active
Retirees to Rural, Laid Back Mountain Home, Arkansas
Cost of Living: Below the National Average
|
|
Active Retirement
Real Estate for Retirement
Active Adult 55+
Master Planned Communities
|
|
|
| Swaddled in the green southern
Ozark Mountains of north central Arkansas (also
known as the Twin Lakes Area), rural Mountain Home
(population 12,500) is a pleasing and unassuming
town that attracts retirees seeking a recreation
Paradise. Thanks to
two large nearby lakes, Lake Norfork and
Bull Shoals Lake, Mountain Home offers outstanding
water playgrounds and retirees spend lazy days
boating, swimming and fishing, all the while
enjoying a friendly, small town atmosphere, low
crime rates, little traffic, mild weather, a
cost-of-living 20% below the national average and
affordable housing. Of those living here, 22%
are age 45 to 64, and 36% are age 65 years of age
or better. The median age is 53, well above
the national average, and many residents are from
someplace else. |
|
|
|
|
|
The median home price in Mountain Home is $130,000;
prices have dropped roughly 7% in each of the last three
years. Many modest, ranch-style homes in the 1,200
square foot range with two bedrooms and one to two baths are
available in the low-$100,000s, and some can be found for
less. The median price of $130,000 will fetch a brick
ranch-style home with roughly 1,600 square feet, a large
yard, three bedrooms, two baths and a two car garage, which
may be detached. The neighborhood will be fairly
average but nicely kept with lots of trees. Homes in
the $200,000 range will usually have some upgrades,
including hardwood floors, an attached garage, vinyl siding,
a workshop, etc. and may be in a newer neighborhood.
$300,000 homes are generally quite stylish with distinctive
architectural details and may be newer, built of brick, have
three to four bedrooms, three baths and feature maple
cabinets, granite countertops, marble baths and 9-foot
ceilings. Residences in this price range often come
with acreage. |
|
Property is taxed at $37.40 per $1,000 of assessed
value, and homes are assessed at 20% of market value. The
annual taxes on a $130,000 home would be $972. Many
homes have been built without much adherence to codes, so it is
important to have a good realtor when thinking of buying property.
There are a number of apartment complexes in town, but available
apartments seem to be in short supply. Mountain Home has
nine manufactured home communities, including one, Glenbriar
Mobile Home Park, that is geared to seniors.
This is an
interactive map. Click on the arrows in the upper left hand
corner to move the map to the East, West, North or South, and click on the +/- signs to zoom in
and out.
Both Lake Norfork (550 miles of shoreline), 15
minutes east of Mountain Home, and Bull Shoals Lake (1,000 miles
of shoreline), 20 minutes west, are clean and blue and attract
tourists as well as retirees. Each boasts a resort
atmosphere, and fishermen and others are on the water year round
because the lakes always remains 45 degrees or above.
Mountain Home has been recognized as one of the top fishing spots
in the country, and trout, bass, stripers, crappie, bream, walleye
and catfish are plentiful. Several
full service marinas offer a wide range of recreation equipment
and services,
including boats rentals and sales, slip rentals and fishing guides. Some marinas have campgrounds and all have
public boat launch ramps. Lake
Norfork is particularly clear and deep, attracting SCUBA divers
from around the region. Four nearby rivers, White
River, Buffalo River, North Fork River and Crooked Creek, provide
further fishing venues.
For those who would rather stay dry, acres and
acres of of public lands and wildlife management areas are open
for camping and picnicking. Mountain bikers and day
hikers enjoy miles of stacked loop trails that lead through
several different eco systems, including both hardwood and pine
forests. Level of difficulty ranges from beginner to
intermediate. These trails are the place to be during the
autumn months when the hillsides turn delicious shades of red,
orange and maroon. The wilderness around the lakes
also give amateur naturalists and birders have an excellent place
to engage in their pursuits. The area has three
golf courses, as well, including the Big Creek Golf and Country Club that
is spread across 200 verdant acres.
Mountain Home shopping is adequate for necessities, but
high-end stores are not plentiful. Dining options include
fast food restaurants, pizza places and family-style
restaurants. For those with a gourmet palate, this is
not the place to retire.
Mountain
Home, Arkansas Continued....
|
Great Retirement Spots Newsletter is
published several times a month by Webwerxx, Inc. 2770 S. Elmira St.,
#152, Denver, CO 80231. (303) 358-0512. Copyright ©
2006-2009.
All rights reserved. No part of this electronic publication may be
reproduced without the express written consent of Webwerxx, Inc.
Various attempts were made to verify the accuracy of the information contained
in this bulletin, but some information may have changed since
publication. Webwerxx, Inc. cannot be held responsible for information
that has changed since this publication appeared online. Please contact us at staff@greatretirementspots.com
if you have questions or comments.
|
|